Development Finance
For most businesses and landlords, the time comes when they need to expand or refurbish a property, but where can you find the funds to do this?
Development finance could be an option. This is a short-term form of borrowing specifically for developing a property, and we can use our experience and knowledge of the market to root out the best package for your business.
What is development finance?
Like a bridging loan, development finance is secured against your assets, but where it differs is that it is specifically for renovating or refurbishing a property. Also, unlike with a bridging loan, development loans are calculated annually, and funds are released in stages.
If this sounds like the right option for you, we’d love to guide you through the process here at Evolve Commercial Finance. We’ll explain how much could be available to you, the repayment terms and what lenders will need to see from you in order to support you.
